engleski

The effects of ESOP implementation on attitudes towards work and on ownership culture development - Case study of AD Plastik Solin

Croatia is a country with the economy in transition from a specific communist system to the market economy, preparing its candidacy for the EU membership. Privatization process in the last decade brought up many problems and opened many questions. Employee ownership was one of those, undoubtedly. AD Plastic, a large manufacturing firm from Croatia, used ESOP as an insider privatization method and as a means of protection against hostile takeover threat from a Canadian company. The AD Plastic case is a framework through which different aspects of employee ownership in a transition economy can be seen and better understood in both firm and worker outcomes terms.

ESOP; Croatia; attitudes toward work; ownership culture; employee ownership

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